[200 Pages] The automated passenger counting system market was valued at 105.3 Million in 2016 and is expected to reach USD 298.0 Million by 2022, growing at a CAGR of 18.6% between 2017 and 2022. The base year considered for the study is 2016 and the forecast period is between 2017 and 2022.

The passenger information system market was valued at 3.71 Billion in 2016 and is expected to reach USD 11.34 Billion by 2022, growing at a CAGR of 19.9% between 2017 and 2022. The base year considered for the study is 2016 and the forecast period is between 2017 and 2022.

This report provides a detailed analysis of the automated passenger counting and information system market based on APC technology, APC application, PIS type, PIS applications, and geography. The report forecasts the market size, in terms of value, of various segments with regard to four main regions: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). It strategically profiles the key players and comprehensively analyzes their market rankings and core competencies, along with the detailed competitive landscape for the market leaders.

The research methodology used to estimate and forecast the automated passenger counting and information system market begins with capturing data on key vendor revenue through the secondary research such as annual reports, investor presentations, and financial statements; trade, business, and professional associations; white papers, journals, certified publications, articles from recognized authors; directories, and databases; Federal Transit Administration, Transit Cooperative Research Program, and Mass Transit. The bottom-up procedure has been employed to arrive at the overall size of the global automated passenger counting and information system market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments which have been verified through the primary research by conducting extensive interviews with people holding key positions such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries has been depicted in the figure below:

The automated passenger counting system market is expected to reach USD 298.0 Million by 2022, at a CAGR of 18.6% between 2017 and 2022. The passenger information system market was valued at USD 3.71 Billion in 2016 and is expected to reach USD 11.34 Billion by 2022, at a CAGR of 19.9% between 2017 and 2022. Factors such as the increasing demand for real-time transit information, government regulations such as requirement of ridership data from transit operators on regular basis, advantages offered by APC to transit operators in optimizing operational cost, and increased adoption of advanced solutions in transport sector would provide ample growth opportunities for the automated passenger counting and information system market in the future.

The market for the stereoscopic vision technology is expected to grow at a significant rate for the automated passenger counting system market during the forecast period. The stereoscopic vision technology offers high accuracy during high-volume traffic. Its accuracy is unaffected even in tough environmental conditions such as varying environments of light, heat, and shadows; it can easily distinguish passengers from luggage and cover large entrance areas.

The market for passenger information mobile applications is expected to grow at the highest rate for passenger information systems during the forecast period. Some of the driving factors for the growth of passenger information mobile applications are the advancements in technology, increasing use of smartphones among passengers, and the availability of mobile applications to access information irrespective of the location, view maps, easily access station and stop layouts, detailed information including schedules, fare, route information, and so on.

The buses application is expected to lead the automated passenger counting systems market during the forecast period due to the growing number of buses in the transportation sector. Automated passenger counting systems are increasingly being adopted in buses to ensure a reliable and safe service offering as well as for enhancing the transit operations. The increasing awareness of the benefits offered by automated passenger counting systems among fleet operators further drives the use of APC in buses. Moreover, bus transit operators are interested in determining the passenger traveling pattern to schedule the bus time and route, which further drives the adoption of passenger counting systems in buses.

The roadways application is expected to lead the passenger information systems market during the forecast period. Passenger information systems used for roadways include passenger information display systems, mobile application-based systems, infotainment systems, and passenger information announcement systems. Passenger information systems are installed at bus stations, bus shelters, bus stands, and roadsides to convey real-time information to passengers. The passenger information systems help bus agencies to manage bus operations efficiently, handle emergency situations effectively, and monitor schedules, late trips, speed violations, and so on. These are some of the factors driving the increasing use of passenger information systems in the roadways application.

The market in APAC is expected to grow at the highest rate during the forecast period. The healthy economic growth and the increasing urbanization are some of the driving factors for the growth of the automated passenger counting and information systems market in APAC, The APAC region comprises highly populated and rapidly developing countries such as China, India, and others. The transportation sector in these countries is developing at a significant rate to match the economic and cultural standards of developed countries, which is one of the drivers for the passenger information system market in the region. The increasing adoption of automated passenger counting and information systems in transit vehicles—including trains, metros, and buses—in countries such as India, Australia, China, and others drives the growth of the automated passenger counting and information system market.

Poor infrastructure for installing passenger information systems and the lack of awareness of the benefits offered by passenger counting systems in some countries are some of the factors restraining the growth of the market.

The key strategies adopted by major players in the market were agreements, contracts, collaborations, and partnerships. For instance, in August 2016, Syncromatics Corp. (U.S.) signed a contract with Los Angeles County Metropolitan Authority to design and install real-time bus information signs and operate on 300 buses. These strategies accounted for 38% of all strategies. Companies such as Iris-GmbH (Germany), init innovation in traffic systems AG (Germany), Syncromatics Corp. (U.S.), Trapeze Group (Canada), Hitachi, Ltd. (Japan), Huawei Technology Co., Ltd. (China), and Siemens AG (Germany) are major companies that adopted these strategies.

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Figure 1 Automated Passenger Counting System MarketFigure 2 Passenger Information System MarketFigure 3 Automated Passenger Counting and Information System Market: Process Flow of Market Size EstimationFigure 4 Automated Passenger Counting and Information System Market: Research DesignFigure 5 Bottom-Up Approach to Arrive at the Market SizeFigure 6 Top-Down Approach to Arrive at the Market SizeFigure 7 Data TriangulationFigure 8 Assumptions of the Research StudyFigure 9 Stereoscopic Vision Technology for Automated Passenger Counting System Market Expected to Dominate the Market During the Forecast PeriodFigure 10 Passenger Information System Market for Infotainment Systems Expected to Dominate the Market During the Forecast PeriodFigure 11 Automated Passenger Counting System Market, By Application (2017–2022)Figure 12 Automated Passenger Counting System Market, By Geography, 2016Figure 13 Passenger Information System Market, By Geography, 2016Figure 14 Growth Opportunities for the Automated Passenger Counting System Market Between 2017 and 2022Figure 15 Growth Opportunities for the Passenger Information System Market Between 2017 and 2022Figure 16 Market for Stereoscopic Vision Technology Expected to Grow at the Highest Rate During the Forecast PeriodFigure 17 Market for Passenger Information Mobile Application Expected to Grow at the Highest Rate During the Forecast PeriodFigure 18 North America Held the Major Share of the Automated Passenger Counting System Market in 2016Figure 19 North America Held the Major Share of the Passenger Information System Market in 2016Figure 20 The U.S. Held the Largest Share of the Automated Passenger Counting System Market in 2016Figure 21 China, Japan, and India Expected to Witness the Highest Growth Rate for the Passenger Information System Market During the Forecast PeriodFigure 22 Government Regulations Such as Requirement of Ridership Data From Transit Operators on A Regular Basis Drives the APC MarketFigure 23 Value Chain Analysis of the Automated Passenger Counting System Market: Major Value Added By Raw Material and Component Providers and Product ManufacturersFigure 24 Value Chain Analysis of the Passenger Information System Market: Major Value Added By Component and Passenger Information System ProvidersFigure 25 Porter’s Five Forces Analysis: Automated Passenger Counting System Market (2016)Figure 26 Porter’s Five Forces Analysis: Automated Passenger Counting System MarketFigure 27 Impact Analysis of Bargaining Power of SuppliersFigure 28 Impact Analysis of Bargaining Power of BuyersFigure 29 Impact Analysis of Threat of SubstitutesFigure 30 Threat of New EntrantsFigure 31 Impact Analysis of Intensity of Competitive RivalryFigure 32 Porter’s Five Forces Analysis: Passenger Information System Market (2016)Figure 33 Porter’s Five Forces Analysis: Passenger Information System MarketFigure 34 Impact Analysis of the Bargaining Power of SuppliersFigure 35 Impact Analysis of the Bargaining Power of BuyersFigure 36 Impact Analysis of Threat of SubstitutesFigure 37 Threat of New EntrantsFigure 38 Impact Analysis of Intensity of Competitive RivalryFigure 39 Automated Passenger Counting System Market Based on Stereoscopic Vision Technology Expected to Witness the Highest Growth Rate During the Forecast PeriodFigure 40 Buses Application Expected to Lead the Infrared Passenger Counting System Market During the Forecast PeriodFigure 41 Buses to Dominate the Market for Stereoscopic Vision Technology-Based Automated Passenger Counting Systems During the Forecast PeriodFigure 42 Buses Expected to Witness the Highest Growth Rate for Time-Of-Flight Technology-Based Automated Passenger Counting Systems During the Forecast PeriodFigure 43 Buses Expected to Witness the Highest Growth Rate for Automated Passenger Counting System Market Based on Other Technologies During the Forecast PeriodFigure 44 Automated Passenger Counting System Market for Buses Expected to Grow at the Highest Rate During the Forecast PeriodFigure 45 Stereoscopic Vision Technology Expected to Witness the Highest Growth Rate for the Market for Buses During the Forecast PeriodFigure 46 North America Expected to Lead the Automated Passenger Counting System Market for the Buses Application During the Forecast PeriodFigure 47 Stereoscopic Vision Technology Expected to Witness the Highest Growth Rate for the Trains Application During the Forecast PeriodFigure 48 North America Expected to Lead the Automated Passenger Counting System Market for Trains During the Forecast PeriodFigure 49 Market for Passenger Information Mobile Applications Expected to Witness the Highest Growth Rate During the Forecast PeriodFigure 50 Railways Expected to Lead the Passenger Information Display Systems Market During the Forecast PeriodFigure 51 Railways to Dominate the Market for Passenger Information Announcement Systems During the Forecast PeriodFigure 52 Roadways Expected to Witness the Highest Growth Rate for the Emergency Communication Systems Market During the Forecast PeriodFigure 53 Roadways Expected to Witness the Highest Growth Rate for the Infotainment Systems Market During the Forecast PeriodFigure 54 Roadways Expected to Witness the Highest Growth Rate for the Passenger Information Mobile Applications Market During the Forecast PeriodFigure 55 Passenger Information System Market for Roadways Expected to Grow at the Highest Rate During the Forecast PeriodFigure 56 Passenger Information Mobile Applications Expected to Witness the Highest Growth Rate for the Railways Application During the Forecast PeriodFigure 57 North America Expected to Lead the Passenger Information System Market for Railways During the Forecast PeriodFigure 58 Passenger Information Mobile Application Expected to Witness the Highest Growth Rate for Roadways During the Forecast PeriodFigure 59 North America Expected to Lead the Passenger Information System Market for the Roadways Application During the Forecast PeriodFigure 60 Passenger Information Display Systems Led the Market for the Airways Application in 2016Figure 61 North America Expected to Lead the Passenger Information System Market for the Airways Application During the Forecast PeriodFigure 62 Automated Passenger Counting System Market: Geographic Snapshot (2017–2022)Figure 63 Passenger Information System Market: Geographic Snapshot (2017–2022)Figure 64 APAC Market Expected to Witness the Highest Growth Rate for the Automated Passenger Counting System Market During the Forecast PeriodFigure 65 Passenger Information System Market in APAC Expected to Grow at the Highest Rate During the Forecast PeriodFigure 66 North America: Automated Passenger Counting System Market Snapshot (2016–2022)Figure 67 Buses Application to Dominate the Automated Passenger Counting System Market in North America During the Forecast PeriodFigure 68 Railways Application Expected to Lead the Passenger Information System Market in North America During the Forecast PeriodFigure 69 U.S. Expected to Lead the Automated Passenger Counting System Market in North America During the Forecast PeriodFigure 70 U.S. Expected to Dominate the Passenger Information System Market in North America During the Forecast PeriodFigure 71 Buses Application to Dominate the Automated Passenger Counting System Market in Europe During the Forecast PeriodFigure 72 Railways Application to Lead the Passenger Information System Market in Europe During the Forecast PeriodFigure 73 U.K. Expected to Witness the Highest Growth Rate in the European Automated Passenger Counting System Market During the Forecast PeriodFigure 74 U.K. Expected to Show Highest Growth Rate in the European Passenger Information System Market Between 2017–2022Figure 75 APAC: Automatic Passenger Counting System Market Snapshot (2016–2022)Figure 76 APAC: Passenger Information System Market Snapshot (2016–2022)Figure 77 Automated Passenger Counting System Market in APAC Expected to Be Led By China During the Forecast PeriodFigure 78 China is Expected to Dominate Passenger Information System Market in APAC During the Forecast PeriodFigure 79 Latin America Expected to Witness the Highest Growth Rate for the Automated Passenger Counting System Market in RoW During the Forecast PeriodFigure 80 Latin America Expected to Dominate the Passenger Information System Market in RoW During the Forecast PeriodFigure 81 Agreement, Contract, Collaboration, & Partnership Was the Key Growth Strategy Over the Last Four Years (2013–2016)Figure 82 Battle for Market Share: Agreement, Contract, Collaboration, & Partnership Was the Key StrategyFigure 83 Eurotech S.P.A.: Company SnapshotFigure 84 SWOT Analysis: Eurotech S.P.AFigure 85 SWOT Analysis: Dilax Intelcom GmbHFigure 86 SWOT Analysis: Hella Aglaia Mobile Vision GmbHFigure 87 SWOT Analysis: Infodev Electronic Designers International Inc.Figure 88 SWOT Analysis: IRIS-GmbHFigure 89 Cisco Systems, Inc.: Company SnapshotFigure 90 SWOT Analysis: Cisco Systems, Inc.Figure 91 Siemens Ag.: Company SnapshotFigure 92 SWOT Analysis: Siemens AgFigure 93 Hitachi, Ltd.: Company SnapshotFigure 94 Huawei Technologies Co., Ltd.: Company SnapshotFigure 95 Innovation in Traffic Systems AG: Company Snapshot

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Growth opportunities and latent adjacency in Automated Passenger Counting and Information System Market